People Moves
SGPB Hambros Sees CIO Depart

Société Générale Private Banking Hambros has confirmed that its chief investment officer, Martin O’Hare, has resigned after just six months in the role.
O’Hare first joined the firm in 2004 in as a director in the private client business, going on to be appointed head of discretionary portfolio management in 2008 and then deputy CIO in 2009. He succeeded Andrew Popper as CIO in April of this year.
SGPB Hambros Group is currently in the process of recruiting a replacement for O’Hare, a spokesperson for the firm told WealthBriefing. Details of his next role have yet to emerge.
In other recent developments, this summer saw the firm launch a new office in Lymington on the UK’s south coast in a bid boost ties with key clients and intermediaries in the region, particularly those in the market for marine finance.
In addition to standard wealth management and advisory services, the new office will function alongside CGI/SGB Yacht Finance (which is a subsidiary of SocGen) to provide yachting finance and investment services.
The Lymington office is led by senior private banker Martin Brown, along with private banker Andrea Steel and assistant Nigel McAllen. The team had previously been based in Southampton since 2006.